The Paris seminar aims to promote trade and investment between Vietnam and France. (Photo: VNA Paris (VNA) – France has major advantages in various areas which are also those prioritized by Vietnam in its FDI attraction policy, said Vietnamese Ambassador to France Dinh Toan Thang at a seminar in Paris on June 23. Co-presided over by Ambassador Thang and President of the French Chamber of Commerce and Industry in Vietnam (CCIFV) Thibaut Giroux, the event aimed to promote trade and investment between Vietnam and France. It also saw the presence of French Consul General in Ho Chi Minh City Emmanuel Pavillon Grosser and representatives from nearly 80 companies and investors from both sides. In his remarks, Thang highlighted Vietnam as one of the fastest-growing and most dynamic economies in ASEAN, saying the Government of Vietnam has been persistently improving legal framework to attract French investors in the fields of mutual interest, particularly hi-tech industries and … [Read more...] about Vietnam, France step up trade, investment cooperation
Vietnam stock investing
Energy-efficient buildings on the rise in Vietnam
Headquarters of Viettel Group in Hanoi. Vietnam should have a strategy to promote the development of green buildings, a vital part of achieving the country's environmental goals. (Photo: kinhtedothi.vn) Hanoi (VNS/VNA) - Developing energy-efficient buildings is an inevitable trend for Vietnam to achieve its environmental objectives. The energy used by high-rise buildings in Vietnam accounts for around 35-40 percent of the country’s total energy consumption . A survey by real estate service firm Cushman & Wakefield (CWK) showed that around 40 percent of gas emissions came from real estate. According to the Vietnam Green Building Council, there are about 200 green buildings across the country. At the United Nations Climate Change Conference in 2021 (COP26), Vietnam committed to achieving net-zero carbon emissions by 2050. To achieve the environmental goals, Vietnam needs to develop more energy-saving buildings that are high quality to reduce the negative … [Read more...] about Energy-efficient buildings on the rise in Vietnam
JICA urges funding for operator of Ho Chi Minh City’s first metro line
The Vietnam Office of the Japan International Cooperation Agency (JICA) has asked the Vietnamese government to consider promptly giving funds to Ho Chi Minh City Urban Railways No. 1 Company Limited (HURC 1), which is at risk of halting operation. In his recent letter to Tran Van Son, Minister-Chairman of the Government Office, Shimizu Akira, Chief Representative of the JICA Vietnam Office, mentioned some issues related to the city’s Metro Line No. 1, including the urgent need of providing a budget to HURC 1 so that it can maintain operations. HURC 1, the operator of the city’s first metro project, is facing a big problem as its initial charter capital has been used up to pay for operating expenses in the past time and is now facing the risk of suspension due to lack of funds, the JICA said. Earlier in January this year, JICA sent an official letter to the Ministry of Planning and Investment and the Ministry of Finance requesting early allocation of funding to the company. … [Read more...] about JICA urges funding for operator of Ho Chi Minh City’s first metro line
U.S., Japan, Australia, New Zealand and United Kingdom form Pacific group
The United States, Australia, Japan, New Zealand and the United Kingdom launched an informal group aimed at boosting economic and diplomatic ties with Pacific island nations, the White House said on Friday. The Biden administration has vowed to commit more resources to the Indo-Pacific as China seeks to boost economic, military and police links with Pacific island nations hungry for foreign investment. The group, dubbed Partners in the Blue Pacific (PBP), will seek to support Pacific regionalism and strengthen economic ties between the Pacific islands and the rest of the world. "We are united in our shared determination to support a region that benefits the peoples of the Pacific. We are also united in how we realize this vision -- according to principles of Pacific regionalism, sovereignty, transparency, accountability, and most of all, led and guided by the Pacific Islands," the White House said. White House Indo-Pacific coordinator Kurt Campbell said on Thursday he expects … [Read more...] about U.S., Japan, Australia, New Zealand and United Kingdom form Pacific group